Future Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
LIVE CATTLE Apr 2021 (CME:LE.J21)
Long-Term Uptrend (+90) - LE.J21 is in a strong uptrend that is likely to continue. While LE.J21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LE.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LE.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LE.J21
The long-term trend has been UP since Nov 10th, 2020 at 118.575
The intermediate-term trend has been UP since Nov 6th, 2020 at 116.350
The short-term trend has been UP since Nov 24th, 2020 at 117.300
Smart Scan Analysis for LE.J21
Based on our trend formula, LE.J21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).